Pig producers are set to reap the returns from renewable energy under a new ‘feed-in tariff’. To help producers identify their best option for investment, BPEX has produced four new factsheets
The energy
industry has proposed changes to the way farmers are paid for producing
renewable energy, with the ‘feed-in tariff’ due to come in next
April.
Under the
proposals, farmers will be paid for all the renewable energy they generate
including what is used on farm. Plus, as well as saving the cost of buying in
energy, they may also be paid extra for renewable energy they export to the
National Grid – a win-win situation.
Under the new
system the net payment farmers receive for a kWh of energy produced may be as
much as 36.5p compared with the current 4.5p, depending on the technology
used.
BPEX Environment
Projects Manager Charles Baines said:
“The factsheets provide the key practical and financial information for each
technology, including the expected time period for payback.
View the sheets
here:
-wind
turbines
-solar
heat and electricity
-heat
pumps (ground and air)
-biomass
(woodchip and pellets)